Got a 88 Chaparell 20' bow rider that we've been using at my parents for skiing and tubing and cruising. The shift cable broke, and we realize that we don't use this boat much anymore, so the thought of just fixing it and selling it got discussed. Then we looked at what boats are selling and what they are selling for, it is NOT worth it right now. We're keeping the boat.

Got a 88 Chaparell 20' bow rider that we've been using at my parents for skiing and tubing and cruising. The shift cable broke, and we realize that we don't use this boat much anymore, so the thought of just fixing it and selling it got discussed. Then we looked at what boats are selling and what they are selling for, it is NOT worth it right now. We're keeping the boat.

But I know where you can get a GREAT tournament boat for 1/3 of what they are new.

just like houses... everyone is afraid to sell because it will have to be priced really low to sell it, if you are getting out of it entirely then you should wait to sell. if you plan on getting another one then figure on losing 3k to make this one sell but get the new one and it is 10k less than it should be so 20% is 20% but 3k is different than 10k..... no reason not to take a hit and move up if you are making out on that one also.